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The USSR collapsed in 1991, and with it 150 years of communist political gains.
However beginning in 2006 in the US, we witnessed the left attempt to pick itself up off the ground. The contours of this restoration were different though, since the big collapse had already occurred.
The leftist intellectuals no longer believed in alternatives to markets.
Deception and false moderation were the watchword as the public had rejected overt redistributionist rhetoric.
The goal was minority rule through institutional capture, as the popular support was not there.
This frog boiling strategy worked until 2016 and Trump's election. This was the dead cat bounce of global communism. It's already come and gone.
The left rode a number of trends to dominance during the Obama era, mainly the financial crisis, the large number of recent immigrants, and the large number of millennials. All of these trends have already peaked.
Meanwhile no dent was made in income inequality. After the historic Democratic supermajority of 2008, only a small tax rise on one bracket was achieved. If Obamacare is repealed, that supermajority will have been squandered.
What next for communism, income redistribution , collectivism, and leftism in general? What comes after the dead cat bounce?
A dead cat bounce comes from the phrase, "even a dead cat can bounce", as if you are dropping a dead cat onto the ground and it bounces as if it is still alive. It's a strange phrase.
It means even something that is dead can still appear to be alive for a short time.
Perhaps you might want to explain what a dead cat bounce is to give context to this post, as it's not a term I have heard before.
It's a term often used with the stock market. After there is a major decline or even a crash, sometimes the market briefly bounces up. But only to roll over and decline even farther.
Perhaps you might want to explain what a dead cat bounce is to give context to this post, as it's not a term I have heard before.
I'm from the government and I'm here to help you.
Next time you are driving down the road and run over a cat. Get out of the car and pick it up. Raise it high in the air and slam it down on the road. If it bounces up and runs off, its not a dead cat. If it hits the pavement and doesn't bounce up. Its a dead cat.
So a dead cat bounce looks like it has a little life in it still.
The USSR collapsed in 1991, and with it 150 years of communist political gains.
However beginning in 2006 in the US, we witnessed the left attempt to pick itself up off the ground. The contours of this restoration were different though, since the big collapse had already occurred.
The leftist intellectuals no longer believed in alternatives to markets.
Deception and false moderation were the watchword as the public had rejected overt redistributionist rhetoric.
The goal was minority rule through institutional capture, as the popular support was not there.
This frog boiling strategy worked until 2016 and Trump's election. This was the dead cat bounce of global communism. It's already come and gone.
The left rode a number of trends to dominance during the Obama era, mainly the financial crisis, the large number of recent immigrants, and the large number of millennials. All of these trends have already peaked.
Meanwhile no dent was made in income inequality. After the historic Democratic supermajority of 2008, only a small tax rise on one bracket was achieved. If Obamacare is repealed, that supermajority will have been squandered.
What next for communism, income redistribution , collectivism, and leftism in general? What comes after the dead cat bounce?
The USSR was not communist. There has never been a communist country. Just some who are called communist.
Communism calls for the end of classes, but the Soviet Union actually had a ruling class, the Communist Party, and everyone else. In a certain sense you could even argue that the Soviet Union was a sort of "hyper capitalist" state because it seemed to achieve a near perfect two-party system, basically the government party and everyone else (I am not saying the soviet union actually was capitalist, just noting an interesting connection).
The USSR was not communist. There has never been a communist country. Just some who are called communist.
This old canard. The USSR was communist, and it failed.
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